The bull market is here, and for evidence, look no further than MYX Finance, as the MYX price has surged more than 300% overnight, extending its run that has seen the token increase over 900% over the past 14 days.
With the gains from MYX Finance, retail investors are now seeking similar plays, high-growth/low-market-cap opportunities that could breakout similar to the MYX price action. Snorter Bot (SNORT) may represent just the type of project that investors are looking for.
MYX Price Up Over 1200% In Past 30 Days: What Is MYX Finance?
Launched in February 2024, MYX Finance is a decentralized exchange (DEX) that aims to offer the speed of centralized platforms while maintaining the transparency and user control of blockchain-based trading.
The MYX token is built on the BNB Smart Chain, and the Pyth Network powers its DEX. It utilizes an innovative Matching Pool Mechanism (MPM) and supports cross-chain activity.
Even prior to its massive breakout, MYX has been gaining attention for the growth of its platform. DefiLlama shows it as having over $25m in total-value locked (TVL), $55m in annualized fees, and an impressive $9 billion in 30-day perp volume.
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There are plans for MYX Finance to expand to Solana in the near future, unlocking even more liquidity and users on one of the most popular blockchains.
Since its TGE (token generation event) on May 6, 2025, the MYX price has increased from $0.096 to $1.6, marking gains of over 1,500%.
MYX Finance has a market cap of $210 million, but it is still a relatively low-cap token despite its insane run of late. Spot volume for MYX in the past 24 hours has exceeded $200 million, which, although impressive, is nothing compared to the $15 billion+ perps volume.
Of that $15 billion perp volume, more than $11 billion came through Binance, which has led to many traders and investors calling foul play on the recent MYX price action.
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Nearly 4% MYX Token Unlock Tomorrow – Is This Pump Connected?
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Commentaries across social media strongly suggest that shady market-making is the reason behind the recent MYX price action. Many on X, including @WazzCrypto, are linking tomorrow’s token unlock of nearly 4% of the MYX supply to the surge in price, believing that early investors are seeking as high a price as possible to sell once they receive their tokens tomorrow.
Others connect the dots between MYX Finance’s building on the BNB Smart Chain and its receiving a perps listing on Binance when its market cap was just $10 million. Since that listing, Binance has been responsible for the insane perp volume on MYX, reaching as high as $11.9 billion in the last 24 hours alone.
Another X user, @Honeyxgpt, posted the following when the MYX price was $0.48, “Ever wondered how a low-cap coin gets $7B+ in perpetual vol with barely any real buyers on spot? $15M mcap → $60M in 2 days. $7M liquidated in 24h. The game is deeper than you think. This isn’t retail doing this. It’s algorithmic warfare run by exchanges & insiders who see everything. You’re trading with ghosts who write the rules.”
Since that post, MYX has increased over 200% to $1.6 and Honey followed up on their original post, saying; “What happened with $MYX is a textbook example of market abuse. Tiny $15M coin picked (now 200M). Pumped 10x via perps. Over $12M liquidated. Retail got baited again. This isn’t random, it’s coordinated and calculated. Stay cautious. These aren’t opportunities, they’re traps.”
While there is no evidence for Honey’s claims, they are a stark warning to investors about the power of market makers, especially on leading exchanges such as Binance.
With Imminent Token Unlocks And Calls Of Foul Play, is Snorter Bot (SNORT) a safer Play Than MYX Finance?
With the uncertainty surrounding MYX Finance and the MYX price action, investors should be looking to safer plays that aren’t mired in controversy, and Snorter Bot (SNORT) is just that.
It is a multi-chain-ready Telegram trading platform that not only allows users to find that next 1000x gem but is also launching with its own native SNORT token, which is packed full of utility and a must-have in any on-chain trader’s portfolio.
By holding SNORT, traders will benefit from competitive trading fees of just 0.85%, making it the cheapest option on the market, lower than competitors like Trojan, BONKBot, Maestro, and Banana Gun right from the get-go.
Snorter Bot enters a market where competitors such as BONKbot, Banana Gun, and Trojan generate annual fees between $40 million and $80 million. This highlights Snorter’s potential to become the trading bot with the lowest costs available.
Since its initial coin offering (ICO) launched, Snorter Bot has raised nearly $2.4 million, reflecting strong investor demand for a project that combines the appeal of a meme coin with practical utility.
The bot features built-in MEV protection, an innovative sniper tool, and a copy-trade function. These tools allow users to follow their favorite wallets and influencers and acquire low-cost tokens during exciting new launches.
Although SNORT will initially be available only on the Solana network, it has been designed with multi-chain capabilities in mind, and plans are underway to support Base, Ethereum, and other prominent blockchains shortly.
Investors looking for passive income from their SNORT presale holdings can stake their tokens for an impressive 156% APY. This provides an excellent opportunity for traders to earn passive income while awaiting the conclusion of the Snorter Bot ICO.
Currently, just under 24 hours are remaining until the SNORT presale moves to the next price stage. Once the timer hits zero, the current price of $0.1003 will no longer be gone for good.
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